Mobile Home Park Details

  • Purchase Method: Cash
  • Cap Rate: 6.4%
  • Listing ID: 1403484
  • Posted On: Mar 8, 2021
  • Updated On: Jun 16, 2021

Description

Total of 35 spaces including a Victorian Duplex 21 Mobille Homes and 8 RV sites.
all City Services
Richt on 82ns and bus route 72 just moited from I 205 and Clackamas Town Center

Location

southwest corner of 82nd Ave and Henderson
Area is mixed residential and residential. Across the f=street from Les Schwab Tire Center

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Park Information

Community Type: All Age
Number of MH Lots: 35
Total Occupancy: 100.0 %
Year Built: 1951
Average MH Lot Rent: $605
Size: 1 acre(s)

Financial Information (Pro Forma)

Gross Income: $254,846
Operating Expense: $94,748
Net Operating Income: $160,059
Expense Ratio: 37.2 %
Debt Info: Owned free and clear

RV Information

Number of RV Lots: 8
Average RV Lot Rent: $650

Utility Information

Water: City
Water Paid By: Park
Sewer: City